ECONOMY & MARKETS

Panos Skourletis, a close Tsipras ally who left the labor ministry to take over the vital energy portfolio, said the reshuffle marked "an adjustment by the government to a new reality."

After capital controls were imposed on Greece's banking system, supplies of imported dietary supplements to feed 2,200 animals are under threat.

Kansas City Council members have approved a $13-per-hour minimum-wage rate by 2020.

German Finance Minister Wolfgang Schäuble has said debt relief for Greece violates EU law. But international finance experts say that's an exaggeration.

Athens faces more steps before a deal can be finalized with international creditors.

Asked if the proposed bailout deal was viable, Christine Lagarde, head of the International Monetary Fund, told an interviewer, "The response is quite categorical: No." 

Gap and H&M sit on the sidelines as their Burmese suppliers fight a proposed minimum wage of about $3.25 a day.

The issue of debt relief for Greece is "uncontroversial," Mario Draghi, chief of the European Central bank, said on Thursday.

European stocks rose after the European Central Bank announced the new pledges, but uncertainty clouds the issue.

Alpha Natural Resources may soon join other U.S. mining firms in filing for bankruptcy.

Following opposition in parliament and on the streets, Greek support for a bailout remains high.

Mario Draghi said the European Central Bank "continues to act on the assumption that Greece is and will remain a member of the euro area."

These short-term funds were estimated at 7 billion euro ($7.7 billion) and would go toward Greece's July budget.

The IMF opposition to the latest Greek bailout deal reflects years of growing trepidation over Greece's long-term debt sustainability.

After the IMF's shock move this week in calling for Greece to be given a write-down on its "highly unsustainable debt," Germany unexpectedly finds itself under pressure.

Key changes after the lifting of sanctions would not occur in the pharma industry but in the Iranian banks that serve it.

Two of China's 90 million retail investors explain how and why they invest -- and why they're not completely giving up on the volatile market.

Many German people have no interest in considering debt forgiveness for Greece.

“What we learned in the last week is that not all the creditors are falling in line.”

A class-action lawsuit could transform labor practices in the nation's au pair programs.

In Seattle, there is calmness before the "really big" earthquake that was predicted in a recent New Yorker feature. What Seattleites really worry about is volcanoes.

The path to a third bailout is littered with stumbling blocks.

“The real cost is largely underestimated,” said Green Party Senator Leïla Aïchi.

Greece and its creditors have reached an agreement to potentially keep the country in the eurozone, but getting the deal approved by Greek lawmakers remains a challenge.

Economists are concerned about a slowdown in real estate investment and consumption growth, and at the potential impact of stock market volatility.

More than 22 million people now reportedly live below the poverty line in Russia.

The tentative deal to contain the country's nuclear program in exchange for more economic freedom is a wait-and-see moment for Western firms.

Greece's creditors have tasked the government with scrounging up $55 billion in assets to serve as collateral -- a total some see as fantastical.

A number of key restrictions against the country, particularly those related to terrorism and human rights, remain in place.